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QUESTION

Why Are Some Occupations Paid More than Others?

Online Classes: Prepare and present a 5- to 8-slide Microsoft® PowerPoint® presentation-analysis.

Campus Classes: Prepare a 5- to 8-slide Microsoft® PowerPoint® presentation based on your analysis to share in class. 

Include the following content in the presentation:

  • What are trends in the labor market for the chosen labor group that you can identify for the last 10 years? Please provide the retrieved statistics.
  • What factors affected the demand and supply for this labor group during the last 10 years? Research and report data available from Bureau of Labor Statistics (BLS) and other peer reviewed sources.
  • Why do actors and actresses earn so much compared to the chosen labor group?
  • Why do hedge fund executives earn so much compared to the chosen labor group?
  • In addition to wages, what other factors influence an individual to choose one job over another?
  • What jobs do you think have the best mix of salary and other characteristics that individuals care about?

Cite a minimum of three peer-reviewed sources, not including the textbook and required economic data. 

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